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Oracle 1z0-1077-23 Exam Sample Questions

Question # 1

A revision was made to an existing sales order in Order Management Cloud. But it did not trigger a change order. Identify the attribute that was modified during the revision of the sales order.

A. Requested Ship Date

B. Customer PO

C. Unit Selling Price

D. Ordered UOM

E. Ordered Quantity

Answer

B. Customer PO

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Question # 2

Your client is a cell phone provider. Their customers must first buy a phone, then choose a data plan. Your client has given you the requirement to define pricing setups where the cell phone device will be billed now, and the data plan will be billed on a monthly basis for the plan's duration, which is set for one year. You will be the administrator for this pricing program in Pricing Cloud. How should you set up the price lists for these charges?

A. Two lines with a pricing charge definition of Sale Price

B. One line with a pricing charge definition of Sale Price; the other with a pricing charge definition of Recurring Sale Price

C. Two lines with a pricing charge definition of One-Time Price

D. Two lines with a pricing charge definition of Recurring Sale Price

E. One line with a pricing charge definition of One-Time Price; the other with a pricing charge definition of Service Charge

Answer

B. One line with a pricing charge definition of Sale Price; the other with a pricing charge definition of Recurring Sale Price

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Question # 3

Your client's account receivables department has a requirement to automatically re-charge customers for the difference on short paid invoices. Channel Revenue Management supports a settlement method for managing invoice deductions, by automatically creating a chargeback in Receivables for the value of the claim and applying the chargeback to the original invoice. Which settlement method(s) may be combined with this function?

A. This function can be combined with all other methods

B. This function cannot be combined with other methods

C. This function can be combined with a debit memo

D. This function can be combined with a credit memo

Answer

B. This function cannot be combined with other methods

Explanation:

This function cannot be combined with other methods

This function cannot be combined with other methods because it is a standalone settlement method that closes the original invoice and creates a chargeback for the value of the claim. A chargeback is a negative invoice that reduces the amount owed by the customer and is applied to the original invoice1. This function is used to settle invalid invoice deductions, such as short payments, discounts, or disputes2. Other settlement methods, such as credit memo or debit memo, are used to settle valid invoice deductions, such as allowances, rebates, or promotions3.

References:

Chargeback

Oracle Accounts Receivable Deductions Settlement User Guide

Settle Claims Using Credit Memo or Debit Memo

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Question # 4

You are using collaboration messaging to send an advanced shipment notice to a trading partner. You see an error with the status "B2B Error." What does this status indicate?

A. It indicates that collaboration messaging is not supported in Order Management.

B. It indicates that the message has not been delivered because of a validation error in Collaboration Messaging Framework.

C. It indicates that the SOA suite could not deliver the message because of a configuration or processing error.

D. It indicates that the message has not been processed because an administrator has put it on hold.

E. It indicates that the message has not been delivered because of a configuration or processing error in Collaboration Messaging Framework.

Answer

E. It indicates that the message has not been delivered because of a configuration or processing error in Collaboration Messaging Framework.

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Question # 5

A manufacturer who ships perfumes across countries requires a cost breakdown associated with multiple shipping methods (air, land, and sea). Which four charges would you need to use in the ocean freight shipping rules? (Choose four.)

A. Insurance

B. Recurring

C. Handling

D. Freight

E. Duty

Answer

A. Insurance
C. Handling
D. Freight
E. Duty

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